Tax revenue in Tonga
Tonga: Tax revenue was 285.55 million current LCU in 2023. ▲ Rising
Tax revenue in Tonga, 2013–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for tax revenue in Tonga is 285.55 million current LCU, measured in 2023. That is the highest value across all 11 years on record.
Compared with earlier readings it is up 10.7% on the previous year and up 115.3% over ten years.
Over the whole period, tax revenue in Tonga peaked at 285.55 million current LCU in 2023 and was at its lowest, 132.63 million current LCU, in 2013.
Tonga ranks 150th of 157 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 11 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 186.75 million current LCU | 132.63 million current LCU | 243.04 million current LCU | 7 |
| 2020s | 256.72 million current LCU | 238.59 million current LCU | 285.55 million current LCU | 4 |
Countries ranked near Tonga
More public sector data for Tonga
- Arms imports 7.00 million SIPRI trend indicator values (2020)
- Tax revenue 20.5% (2023)
- Taxes on income, profits and capital gains 8.9% (2023)
- Taxes on goods and services 30.0% (2023)
- Net investment in nonfinancial assets 6.8% (2023)
- Net lending (+) / net borrowing (-) 5.3% (2023)
- Interest payments 1.3% (2023)
- Grants and other revenue 56.2% (2023)
- Interest payments 1.7% (2023)
- Other taxes 0.1% (2023)
Frequently asked questions
- What is tax revenue in Tonga?
- Tax revenue in Tonga was 285.55 million current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in Tonga?
- The highest recorded value was 285.55 million current LCU in 2023.
- What is the lowest tax revenue recorded in Tonga?
- The lowest recorded value was 132.63 million current LCU in 2013.
- How does Tonga rank for tax revenue?
- Tonga ranks 150th out of 157 countries with data for 2023.
- Is tax revenue rising or falling in Tonga?
- Over the last ten years it is up 115.3%. The long-run trend across the full record is rising.
- Where does this Tonga data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Tax revenue (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.